Press release
Configuration Management Software Market Set to Reach $31.79 Billion by 2029 with 16.4% Yearly Growth
Configuration Management Software
The growing focus on digital transformation is expected to propel the growth of the configuration management software market. Digital transformation enables organizations to improve efficiency and customer experiences by integrating digital technologies into all business operations. Configuration management software helps organizations manage IT resources efficiently, supporting digital transformation initiatives. For example, in April 2023, the UK Office for National Statistics reported that businesses in the non-financial sector had a 28.8% increase in website sales in 2021, driving the need for robust configuration management solutions.
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What Is the projected market size and growth rate for the configuration management software market?
The configuration management software market has grown rapidly in recent years. It will increase from $14.84 billion in 2024 to $17.33 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.8%. This growth is attributed to the growing adoption of DevOps practices, rising complexity in IT infrastructure, the need for efficient change management, an emphasis on regulatory compliance, and a shift towards cloud-based solutions.
The configuration management software market is expected to grow to $31.79 billion by 2029, with a CAGR of 16.4%. The growth is driven by the increasing number of software releases, demand for scalability and flexibility, enhanced security requirements, agile development, and efforts to reduce time-to-market. Trends include automation demand in software development, version control and tracking, CI/CD pipeline integration, real-time monitoring and reporting, and AI and machine learning adoption.
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What new trends are reshaping the configuration management software market and its opportunities?
Companies in the configuration management software market are developing advanced SaaS solutions to enhance flexibility and scalability in managing complex configurations. For example, in June 2024, Configit, a Denmark-based software company, launched Configit Ace 6.5, a SaaS solution for configuration lifecycle management (CLM). The solution helps centralize configuration logic from diverse enterprise systems and ensures robust integration with product configuration applications.
What major market segments define the scope and growth of the configuration management software market?
The configuration management software market covered in this report is segmented -
1) By Type: Software, Services
2) By Development Model: On-Premises, Cloud-Based
3) By Organization Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Application: Banking Financial Services And Insurance (BFSI), Education, Retail, Healthcare, Information Technology (IT) And Telecom, Government, Other Applications
Subsegments:
1) By Software: On-Premises Configuration Management Software, Cloud-Based Configuration Management Software, Open Source Configuration Management Software, Proprietary Configuration Management Software, Version Control Systems, Automation Tools For Configuration Management
2) By Services: Consulting Services, Implementation And Integration Services, Managed Services, Training And Support Services, Customization Services, Maintenance And Upgrade Services
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Which region dominates the configuration management software market?
North America was the largest region in the configuration management software market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the configuration management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the configuration management software industry growth?
Major companies operating in the configuration management software market are Google LLC, Microsoft Corporation, Amazon Web Services (AWS) Inc., IBM Corporation, Oracle Corporation, SAP SE, Hewlett Packard Enterprise Co., ServiceNow Inc., Red Hat Inc., OpenText Corporation, Atlassian Corporation Plc, Micro Focus International, BMC Software Inc., ManageEngine, Puppet, SaltStack, Octopus Deploy Pty Ltd., Pointel Solutions, Plastic SCM, AdroitLogic Pvt Ltd., CFEngine Inc., Neutrinos, ProvisionPoint, Terraform, StableNet
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What Is Covered In The Configuration Management Software Global Market Report?
•Market Size Forecast: Examine the configuration management software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the configuration management software market for a structured understanding.
•Key Players Overview: Analyze major players in the configuration management software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the configuration management software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the configuration management software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the configuration management software market.
•Industry Challenges: Identify potential risks and obstacles affecting the configuration management software market.
•Competitive Landscape: Review strategic developments in the configuration management software market, including expansions, agreements, and new product launches.
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